The most money I can hope to earn from my business can be calculated by subtracting the total cost of making the cakes from the total amount of money I will invest.
Total earnings = Total investment - Total cost of making cakes
Total earnings = $10,000 - ($14 x total number of cakes)
Unit 4 Portfolio Part 1
You want to start a bakery business to earn money. The total amount of money you will invest is $10,000. You will be selling cakes. It will cost you $14 to make each cake.
d)
Using your answer from part b and your equation from part c, what is the most money you can hope to earn from your business?
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